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Kendall offers update on DoD's Better Buying Power Initiative

Wednesday - 5/29/2013, 4:12pm EDT

The Better Buying Power Initiative was introduced in 2010 at the Department of Defense. It's aim was to help the agency make smarter and more cost-efficient decisions when buying products and services.

In 2012, the initiative was expanded to cover six key areas: targeting affordability and controlling cost growth, incentivizing productivity and innovation in industry, promoting real competition, improving tradecraft in services acquisition, reducing non-productive processes and bureaucracy, and improving the professionalism of the total acquisition workforce.

Frank Kendall, Under Secretary of Defense for Acquisition, Technology and Logistics; and Dr. Ash Carter, Deputy Secretary of Defense, recently gave an update on the agency's Better Buying initiative at an event held by the Center for Strategic and International Studies.